Q1 2018: Single PE Mega-Deal Dominates Quarter With All Other Segments Slowing; Robust VC Investment In Q1 Follows Two Back-To-Back $1B Quarters In 2017

Canadian private equity investment activity experienced a slower quarter in Q1 2018 with $6.5B invested over 137 deals. $5B of that total was from the buyout of Husky Injection Molding Systems Limited with participation from CVCA member OMERS Private Equity Incorporated. This deal aside, there is a significant cooling in activity in the first quarter of 2018, with… Continue reading Q1 2018: Single PE Mega-Deal Dominates Quarter With All Other Segments Slowing; Robust VC Investment In Q1 Follows Two Back-To-Back $1B Quarters In 2017

Uber Acquires JUMP

Uber has acquired bike-sharing startup JUMP for an undisclosed amount of money. This comes shortly after TechCrunch reported that JUMP was in talks with Uber as well as with investors regarding a potential fundraising round involving Sequoia Capital’s Mike Moritz. At the time, JUMP was contemplating a sale that exceeded $100 million. We’re now hearing… Continue reading Uber Acquires JUMP

Roomi raises $11 million led by Atami Capital

Deeper perspectives on how people are interacting with traditional industries can be the start of developing value – in this case, it is the moderation and simplification of the apartment sharing marketplace.

Mobike will launch dockless bike-sharing in the U.K., its first market outside of Asia

Mobike, one of China’s largest bike-sharing companies, will launch in Manchester and Salford, its first cities outside of Asia. The service is slated to arrive on June 29, the Beijing-headquartered company said, and will start with 1,000 bikes. Mobike’s launch outside of Asia (it expanded into Singapore in March) heightens is competition with Ofo, another… Continue reading Mobike will launch dockless bike-sharing in the U.K., its first market outside of Asia

Inside Andy Rubin’s futuristic Playground hardware incubator

With titanium 3D printers, electrostatic charge tables, and a giant slide, Playground Global lives up to it’s a name. Here we take you on a tour of Android operating system inventor Andy Rubin’s hardware startup incubator that’s backed by a $300 million fund. Check out how the whimsical space lets scrappy hackers compete with Facebook… Continue reading Inside Andy Rubin’s futuristic Playground hardware incubator